Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.26390
Kijun-Sen- 1.26409
The pair rebounded sharply despite strong Canadian jobs data. The Canadian economy has added 90000 jobs in Aug compared to a forecast of 67000. The unemployment came at 7.1% vs . estimate of 7.3%. It hits a high of 1.26953 and is currently trading around 1.26684. The overall trend remains bullish as long as support 1.2490 holds.
The reasons for the jump are
The surge in US treasury yields is supporting the US dollar at lower levels.
The spread of delta variant coronavirus.
Intraday Trend –Bullish
The near-term resistance is around 1.2780, a breach above targets 1.28090/1.2860/1.2900. On the lower side, immediate support stands around 1.2580; violation below will take the pair down to the next level 1.2552/1.2500.
It is good to buy on dips around 1.2628-300 with SL around 1.2570 for a TP of 1.2800.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major)
FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Major US Indices
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 



